Wood: The Regulation of International Finance 2e

The Law and Practice of International Finance series is your definitive guide to international finance. It considers the full range of topics across nine volumes, setting out the law and practice of trading assets on the international markets. This essential work, by one of the leading finance specialists of a generation, provides a simple, unified and distilled account of the whole topic.

 

This book covers the essential principles of the regulation of international finance. The regulatory regimes of the UK, US and EU are considered in detail, alongside surveys of the regimes in 200 jurisdictions worldwide. The author sets out a comprehensive analysis of the history, development, principles and policies of financial regulation.

 

Philip Wood is one of the leading authorities on international finance worldwide, as well as a practitioner and teacher. He was a partner in international law firm Allen & Overy until his retirement in 2018, and for ten years was head of the banking department. Subsequently he led the firm’s Global Law Intelligence Unit. Philip is the Yorke Distinguished Visiting Fellow at the University of Cambridge, and has previously been Visiting Professor in International Financial Law at the University of Oxford, Queen Mary University of London, and the London School of Economics. He has lectured at more than 60 universities worldwide and has written more than 20 books.

 

 

Key features:

• In depth analysis of the substantive areas affecting the regulation of international finance
• Sets out the substantive areas which the regulation of international finance concerns, from authorisation of banks and investment firms to capital adequacy
• Explores the history, development, principles and policies of financial regulation
• Contains 200 snapshot surveys of individual countries regulatory regimes, arranged by country
• Considers in detail the regulatory regimes of the UK, US and EU.
• Reviews the regulation of banks, investment firms, broker-dealers, investment managers and advisers
• Covers the regulation of exchanges
• Deals with the conduct of business by financial firms, including conflicts of interest and client assets
• Includes coverage of the regulation of prospectuses, prospectus liability and due diligence
• Surveys the regulation of collective investment schemes and hedge funds
• Presents regulatory approaches to market manipulation, insider dealing and other market abuse
• Addreses financial supervision and capital adequacy
• Provides commentaries on relevant documentation

 

1. The topic

2. World financial regulation in two pages

3. Financial assets and banks

4  Scope and policies of financial regulation

5. UK, US and EU sources of law and regulators

6. History and prophecy

7. Comparison of regulatory regimes

8. Authorisation of banks and securities firms

9. Banking

10. Recast Bank Directive 2013/36 (CRD 4)

11. Restrictions on non-banking activities; conglomerates

12. Bankers remuneration

13. Securities firms

14. Markets in Financial Instruments Directive 2014 (Mifid 2)

15. Broker-dealers; arrangers Broker dealers in investments

16. Investment portfolio management

17. Custodian of investments

18. Investment advisers

19. Derivatives and the European Market Infrastructure Regulation 2010 (Emir)

20. Exchanges and financial markets

21. Markets in Financial Instruments Regulation 2014 (Mifir)

22. Payment and securities settlement systems

23. Payment Services and E Money Directives

24. Collective investment schemes

25. Recast Undertakings for Collective Investment in Transferable Securities Directive 2009 (Ucits 4)

26. Hedge funds and private equity funds; AIFMD

27. Securitisations

28. Consumer protection

29. Conduct of business

30. Conflicts of Interest

31. Client assets and trusts

32. Collateral and securities financing transactions

33. Prospectus requirements

34. Prospectus Regulation 2017

35. Prospectus l